Non-QM Jumbo Loans – The Modern Mortgage
When your income is derived from investments, self-employment, or non-traditional assets, qualifying for a mortgage isn’t always a straightforward process. We understand that your financial picture might not fit a simple checklist. Non-QM Jumbo Loans offer a viable solution to help you qualify for a competitive loan and keep building build your wealth.
Non-QM jumbo mortgages offer borrowers modern solutions to build wealth at competitive rates.
If you’d like to discuss your specific financial goals, feel free to schedule a call or reach me directly at (408) 610-8011.
Non-QM Jumbo Loans Explained
A non-qualified home loan (non-QM) is a mortgage that falls outside standard documentation requirements per the CFPB (Consumer Financial Protection Bureau). Non-QM loans often include a wide variety of mortgages such as jumbo loans, bank statement loans, no-income investment loans, and asset-based loans.
Homeowners with substantial assets or non-standard types of income such as restricted stock units, foreign investments or commercial rental properties often benefit from non-QM jumbo mortgages.
Who Can Benefit from Non-QM Jumbo Loans
Non-QM jumbo mortgages are exceptional solutions for homebuyers who don’t fit common homeowner profiles. If you’re a homebuyer in one of the following situations, give me a call at (408) 610-8011 — I’d love to answer any questions you may have. If you’re ready to start now, click here to apply.
The following situations are popular considerations for a non-QM jumbo mortgage:
- Newly self-employed borrowers
- Recent W-2 employment (less than 2 years)
- Legally employed in the cannabis industry
- Non-US citizens
- Purchase of a condotel or non-warrantable condo
- Land purchase of more than 5 acres of land
Non-QM Jumbo Mortgage Advantages
Most of our non-QM jumbo loans close in less than 3 weeks.
In addition, our loan application process reviews exceptions, bank statements, total assets and current credit history to keep things moving quickly.
Depending on your financial goals, there are a number of advantages and benefits to a non-QM jumbo loan. Homeowners in the following situations often seek out non-QM jumbo mortgages to meet their financial goals.
- Apply for cash-out financing over $500k
- Purchase a non-warrantable condo
- Finance a condotel purchase
- Land development purchases for 5+ acres
- Available for non-US citizens
- Foreign National Loans (ITIN)
- Bank statement loans with 1 year’s tax return
- Asset-based loans
- Interest-only home mortgages
- Commercial rental property loans
We work with homeowners throughout California, Oregon, Washington and Colorado. Our goal is to help you reach financial freedom and save money on your mortgage, and non-QM jumbo loans can often be a great solution. Feel free to reach me directly at (408) 610-8011.
Takeaway
Non-QM jumbo mortgages offer borrowers modern solutions to build wealth at competitive rates.
When you’re income is derived from investments, self-employment, or non-traditional assets, qualifying for a mortgage isn’t always a straightforward process.
We understand that your financial picture might not fit a simple checklist. Non-QM Jumbo Loans offer a viable solution to help you qualify for a competitive loan and keep building build your wealth.
If you’d like to discuss your best refinancing options, please give me a call. You can reach me directly at (408) 610-8011.
What’s Next
We can help you refinance, renovate your current home, or buy your next home with a larger lot in mind.
Non-QM jumbo mortgages are designed to help you cross the finish line, especially when your assets and income aren’t one-size-fits-all.
We work with homeowners throughout California, Oregon, Washington and Colorado. Our goal is to help you reach financial freedom and save money on your mortgage. Feel free to schedule an appointment today or give me a call. You can reach me directly at (408) 610-8011.
